Port Moody Real Esate Update for April 2012
Hi I’m Bruce Hendriks with Prudential Sterling Realty here today with your Port Moody update for April 2012
Now let’s take a look at detached homes, you know I was looking at the 17 homes that have sold over the last thirty days or so and I noticed that 16 of them sold for fewer than one million dollars. There are 215 detached homes on the market. Of those, 63 are priced over a million and 54 under a million. Now think about it, of the 63 over a million only one sold in the last thirty days, the 54 homes priced under a million 16 sold. Now that is the market correction we are looking for. Buyers’ setting the standard of buying what is worth buying and leaving the rest to sit.
Ok now let’s have two home improvement tips for when you are preparing your home for sale. The first one is electrical outlets. The old style outlets with paint on them and they look the age of the home. Well for about four bucks a plug you can switch out the guts and the cover plate and it looks like a million bucks, especially with a paint job.
Number two tip, if you have a home with those old metal heat registers that sit in the floor of your home. I mean they are solid, I wouldn’t want to get hit over the head with one, but they look the age of the house like the electrical outlets. Well take them down to the garage and clean them up with a wire brush and some sand paper and then get a spray can of flat black enamel and spray them. They go from old solid and ugly to sleek black and new.
That is all we have for today, I’m Bruce Hendriks with Prudential Sterling Realty and My Realty TV.CA, thanks for watching.